Oregon Statutes 711.665 – Suspension or restriction of liability payment not evidence of insolvency
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An order of the Director of the Department of Consumer and Business Services under ORS § 711.620 to 711.670 or the taking possession of the assets and properties of an Oregon stock bank by the director under ORS § 711.620 to 711.670 is not an act of insolvency of the Oregon stock bank and does not raise any presumption of insolvency. [1973 c.797 § 302; 1997 c.631 § 262]
Terms Used In Oregon Statutes 711.665
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.